Assignment:
Q1. Explain how IP law strikes a balance between dynamic and static efficiency considerations or, in other words, between incentives and use.
Q2. What is behind the so-called ‘patent paradox’? How can it be explained?
Q3. Why isn’t it optimal in terms of public policy to have patents that last forever? Discuss.
Q4. Does a firm have incentives to license its innovation to rival firms? Discuss.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.